T-Mobile is rejecting Iliad’s surprise bid to buy out the carrier, according to the Wall Street Journal. But Reuters is reporting that Iliad is already reaching out to other investors in an attempt to sweeten the deal. The carrier has reportedly talked with Dish Network, Cox Communications and Charter Communications.
nTelos today announced that CEO James Hyde is retiring effective immediately. The...
Dish's Vice President of Wireless David Zufall said that it’s more than a proof of concept since...
Verizon Wireless is interested in buying Dish Network’s spectrum, according to the New York Post. The companies have reportedly held informal talks about a possible deal for Dish’s spectrum holdings. Verizon CEO Lowell McAdam in May squashed rumors that Verizon might try to buy Dish but did admit that Dish has some interesting assets.
CNBC is reporting that Sprint and T-Mobile have agreed to a $2 billion breakup fee should their potential merger not go through. The Wall Street Journal had previously reported the breakup fee attached to the merger would be $1 billion. The two companies have also reportedly agreed on T-Mobile as the name for the combined company, lending credibility to reports that T-Mobile CEO John Legere is in line to lead after the merger.
AT&T today announced its Wireless Home Phone & Internet service is opening up for nationwide availability. The carrier is allowing customers on a Mobile Share plan with 10GB or more to add the service for $30/month. The service starts as a trial in select markets in 2013. AT&T offered wireless home phone service as a $20 monthly add-on for existing Mobile Share plans.
When asked why AT&T went after DirecTV and not Dish Network, AT&T CFO John Stephens said DirecTV had better distribution, content, network, etc. But he also said Dish raised a lot more regulatory red flags. “Dish has been very loud about their intentions to get into broadband,” Stephens said. AT&T feared that potential services overlap and Dish’s plans to use its spectrum for wireless would raise more regulatory concerns.
In the wake of AT&T’s $48.5 billion bid for DirecTV, talk immediately sprung up about the possibility of a Verizon Wireless and Dish Network merger. Verizon CEO Lowell McAdam, speaking at an investor conference, shut that down. McAdam said there have not been any discussions with Dish about a possible tie up but he admitted that Dish has some interesting assets.
AT&T has reserved the right to back out of its planned $48.5 billion deal for DirecTV if the satellite-TV provider can’t or doesn’t renew its “NFL Sunday Ticket” agreement. AT&T said it will not bring a damages claim against DirecTV so long as it uses “reasonable efforts to obtain such renewal.” DirecTV is facing a steep price hike for the 2015 NFL season, which will jump 40 percent to $1.4 billion.
The fixed mobile broadband service nTelos and Dish Network began trials of in 2013 is scheduled for a commercial launch in July. nTelos CEO James Hyde last week said during his company’s earnings call that the regional carrier had re-engaged with Dish following the H Block auction about preparations for phase 2 of the market trial, according to a Seeking Alpha transcript.
As Sprint is reportedly moving ahead with its bid for T-Mobile, Deutsche Telekom (DT) is reportedly requesting a more than $1 billion breakup fee should regulators block the merger. DT, which owns 67 percent of T-Mobile, is requesting the lucrative safety as well as seeking assurances that the T-Mobile brand and some of its management team would remain in place following the deal, according to the Wall Street Journal.
Dish Network Chairman Charlie Ergen said T-Mobile would have “strategic interest” to his company if Sprint’s rumored bid for the carrier falls through. Ergen said Dish doesn’t have the money to outbid Sprint for T-Mobile, or AT&T for DirecTV for that matter, but added that Dish has to be “well positioned so that no matter what happens” and that he thinks “we're there,” according to Seeking Alpha’s transcript.
Sprint, T-Mobile and Dish Network are teaming up to ensure smaller carriers can get their hands on low-band spectrum. Along with the Competitive Carriers Association and advocacy groups like Public Knowledge, the group is lobbying the FCC to adopt rules in the upcoming 600 MHz auctions that will benefit carriers other than AT&T and Verizon, who together hold the majority of available below-1 GHz spectrum licenses.
Every year, the NCAA college basketball tournament gives employees a reason to goof off at their desks and root for their alma maters. But there's a growing source of potential headaches for bosses. Media companies like hosts CBS Corp. and Time Warner Inc.'s Turner are doing all they can to promote...
CCA Global Expo is less than a week away and CEO Steven K. Berry is seeing more wireless carriers registered for this CCA than any prior event. The show, running March 25-28 in San Antonio, will feature keynotes from FCC Wireless Bureau Chief Roger Sherman and Sprint Chairman and SoftBank CEO Masayoshi Son. Ahead of the show, Wireless Week spoke with Berry about the policy issues on members’ minds and the impact from CCA’s biggest members.
Smaller regional carriers like nTelos and C Spire are in the running to snatch up some of the H Block licenses, but large competitors like Sprint and T-Mobile have sworn off participating in the auction. Dish could very well walk away with the most licenses. A win for Dish would put more spectrum in the hands of a business without an apparent idea of what to do with it. So what’s the endgame for Dish?